Tag: Asia

Door to door parcel deliveries up 3.7% in Japan

The number of parcels handled by door-to-door parcel delivery services in Japan in fiscal 2002 grew 3.7 pct from the previous year to 2,751.36 million units, the government said Monday. The rise reflected increased shopping by mail order, the Ministry of Land, Infrastructure and Transport said.

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China Post’s privatisation battle is back on

The on-off saga of China Post’s possible privatisation has been thrown into turmoil again after its deputy director, Chen Furong, said that speculation about a stock market listing was “pure rumour”. Mr Chen, in an interview with China Business Weekly, also said there was no imminent plans to change the state-owned company. “We have several plans … but the final plan is still under review,” he told the Chinese publication. China Post, or the National Postal Bureau (NPB), has proposed to list its branches in six overseas regions, Hong Kong being one of the six. Analysts say this listing exercise could raise USD500 million, which could be used to further invest in strategy against competition from other carriers.

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Four more firms begin special mail delivery in Japan

Bike Kyubin Co. and three other private courier companies on Tuesday began special mail delivery services designating delivery time. The three others are QCargo Co., Q-Post and Pro Support. The moves follow the creation April 1 of Japan Post to take over mail delivery and postal savings from the governmental Postal Services Agency as part of postal service deregulation.

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TNT splits off direct-mail outfit

TNT Post Group (TNT) recently split off its direct mail logistics business to a new company managed by its affiliate. G3 Worldwide Mail Logistics (Thailand) Co Ltd (G3) was formally established on April 1 with 52 employees to provide direct mail and direct marketing logistics services, such as international mail distribution, response management service, mail-room management and call-centre service, under the Spring brand name.

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Fedex keen on Chu Lai (Vietnam) open economic zone

American express service firm FedEx may establish an international air transport center in Chu Lai Open Economic Zone in the central province of Quang Nam (Vietnam). Speaking at a conference held in HCMC yesterday to announce the Government’s decision on establishment of the country’s first such zone, the provincial government said it would work with FedEx over the project soon.”I have met FedEx representatives and found that the corporation has shown keen interest in building such a center for Asia,” provincial Chairman Nguyen Xuan Phuc told the conference.

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